PUBLISHER: Value Market Research | PRODUCT CODE: 1352854
PUBLISHER: Value Market Research | PRODUCT CODE: 1352854
The global demand for Catheter Stabilization Devices Market is presumed to reach the market size of nearly USD 9.94 MN by 2030 from USD 4.42 MN in 2022 with a CAGR of 9.42% under the study period 2023 - 2030.
Catheter Stabilization Devices secure the catheters that are placed in the bladder of patients. It is a device that protects the urethra from any possible trauma. They prevent accidental catheter removal or puncture on the wounds, thereby causing injury to the bladder. So, to avoid such risks associated with urinary catheters, these types of advanced devices prove a great help to the patients. They are simple to install and prevent the movement and dislocation of the catheter tip. They contain no hard parts and prove comfortable for the patients. They also prevent irritation in the urethra and save it from infections. Surgical strips, sterile tapes, and various other catheter stabilization devices are used to secure the catheter. They reduce hospital stay for patients. Hence a lot of investments are made in these devices.
The high occurrence of minimally invasive surgeries and the rising incidence of lifestyle-related diseases such as cancer, cardiovascular, renal failure, etc., led to the tremendous use of these devices in the postoperative care period. Moreover, the focus on preventing the complications and infections caused by the indwelling catheters in the body is another growth factor in the market. The health crisis caused by the pandemic increased the incidence of hospitalization of patients, and the subsequent intubation for ventilated patients led to the increasing use of catheter stabilization devices to prevent the accidental movement of the catheter. The growing investment in the intravascular catheter by the modern healthcare sector for managing urinary diseases adds to its growth. The increasing evidence of urinary diseases like kidney stones, prostrate-related illness, urinary incontinence, cystitis, etc led to the rapid use of these devices. Increasing government regulations on the securement of the catheter is one of the prime aspects of patient care, as sometimes the infections caused by the catheter are life-threatening and drive the usage of the stabilization devices.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of catheter stabilization devices. The growth and trends of catheter stabilization devices industry provide a holistic approach to this study.
This section of the catheter stabilization devices market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
This section covers the regional outlook, which accentuates current and future demand for the Catheter Stabilization Devices market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the catheter stabilization devices market include C.R. BardInc., Baxter, 3M, Centurion Medical Products, B Braun Melsungen AG, Merit Medical Systems Inc., ConvaTec Inc., TIDI Products, LLC, Smiths Medical. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
In case you have any custom requirements, do write to us. Our research team can offer a customized report as per your need.